Proton Green Raises US$8mm via an Equity Raise

Proton Green, through its listed entity Cyber App Solutions Corp, raised US$8mm by issuing 8k shares of its Series A convertible preferred stock. The proceeds will be used to partially settle outstanding convertible notes, fund equipment at the planned carbon dioxide and helium processing plant and cover overhead expenses. This capital raise closed on August 8, 2024, and is part of the company's broader strategy to strengthen its financial position and support ongoing projects.

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